Former FTX CEO Sam Bankman-Fried says he did not “try to commit fraud”
Sam Bankman-Fried, the celebrated crypto entrepreneur whose empire is now facing bankruptcy, said Wednesday in his first public appearance since stepping down as FTX chief executive that he did not "try to commit fraud against anyone."Bankman-Fried, who appeared at the New York Times DealBook summit, insisted on an interview with CNBC host Andrew Ross Sorkin during a video call in which he was "shocked" by the collapse of his company."I was excited about FTX a month ago...I was shocked at what happened," Bankman-Fried said, adding: "I substantially underestimated what the scale of the market crash and the speed of it…
